Target Land Surveying (EAST) 

How To Apply For Mortgage Certificate?




Mortgage Certificate can be issue through your lender prior to closing your home. You should make a request at the beginning of the process, as the lender must have the certificate approved before proceeding.

Once a certificate is approved, it is valid for 90 days, so expiration must occur within that time frame.

Here are some general requirements for getting a mortgage loan:

First-time home buyer status: To become a first-time home buyer you need to meet the requirements of your state. However, even if you have previously owned a house, you may still be eligible for this provision. For example, in Virginia, you qualify as a first-time homebuyer if you've owned a home for at least three years.

Household Income: Your income limits vary by state and county. In general, states base their programs on average income amounts. For example, in Florida, the income limit for a one-to-two-person family is $62,520 in De Soto County, but $78,700 in Miami-Dade County.

Purchase Price: Similarly, purchase price limits are set by the state and county. In Florida, De Soto and Miami-Dade counties have different purchase price ranges for non-target areas, $270,752 and $316,917, respectively.

Location: Buying a home in certain specified areas may qualify you for an MCC, even if you are not a first-time buyer. Additionally, income and purchase limits may differ for those wishing to buy in the target areas.

Target Land Surveying (EAST) is one of the experienced players in the service of providing Mortgage Certificates. Kindly Contact us for more details.